March Update: Financial Services

27 February 2019

What's on the agenda this month

by Jo Hall, Financial Services Policy Executive

March is crunch time for the Government with Brexit day set for the 29th. However, anything could happen with the Brexit vote scheduled to take place on the 12th and the Prime Minister forced to give MPs a vote on the potential rejection of a no-deal and extending Article 50.

Meanwhile in the Commons, the Chancellor will be presenting his Spring Statement to the House on the 13th. In February, the Treasury received a boost after it was revealed by the ONS that the UK economy had the largest January surplus on record, with economists stating that it would give Mr Hammond extra money for the economic update.

The Treasury Committee is also set to be busy, scheduling a session with Kathryn Cearns OBE the nominated Chair of the OTS on the 5th and holding an evidence hearing with several members of the Access to Cash review on the 12th.

Elsewhere, FCA Director of Competition Sheldon Mills will be appearing at the APPG for Insurance and Financial Services on the 4th.

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